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Dubai-based Careem buys CIE@IIITH startup Commut

Careem acquired the three-year-old Hyderabad-based firm and plans to roll out its bus services across 100 cities, it said in an emailed statement, without providing the deal value. Careem will take on Commut’s talent and technology, while Commut’s customers and drivers will become part of local shuttle service provider Shuttl.